Well Fools, the news I’ve been waiting for ever since Darling announced the Diamond Green Diesel JV with Valero has arrived. Today, Darling announced that Diamond Green Diesel has begun production. For several quarters, DAR has presented earnings with extra info saying essentially, “we mad THIS much this quarter, but, if DGD was up and running, we would have made THIS much..” Now we get to see the real numbers…

Darling International Inc. (NYSE: DAR)today announces Diamond Green Diesel, the joint venture between Valero subsidiary Diamond Alternative Energy LLC and Darling International Inc., has reached mechanical completion and the startup process will lead to full production of renewable diesel.

Once in full operations, the 9,300 barrel-per-day plant will process recycled animal fat and used cooking oil as well as corn oil into renewable diesel fuel that has comparable properties to petroleum-based diesel. The renewable diesel can be shipped by pipeline and meets low-carbon fuel standards.

Darling International Chairman and Chief Executive Officer Randall Stuewe said, "We are proud to report the mechanical completion and startup of Diamond Green Diesel. This joint venture will be a producer of high quality renewable diesel capable of fulfilling the RFS2 biomass-based diesel mandate. Our partnership with Valero will benefit Diamond Green Diesel through multiple operational synergies."

I’m very excited to get to the next chapter in the DAR story. I still think we are in the early chapters, but it certainly is keeping my attention.

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